I posted PROs and catalyst FOR DWAC going UP. But what are some of the cons? Here is a stab at that: POSSIBLE NEGATIVES that may cause a drop: Trump passes away or goes to jail, Apple or Google shut down TS app access, The app never stabilizes, The merger is delayed or stopped, The SEC, CIA, or FBI (take your pick) meddle to take it out, the company never makes a profit, A big short tries to take it down, The deep state steals more elections and is winning, The whole market has a meltdown, WW3 starts with nukes, The dollar crashes and looses reserve currency, Let me be clear. I am all in and BULLISH and I do not live in fear! But with all investments you need to understand the risks. What are some possible NEGATIVES that you think could bring the stock down?
Here are some YET TO COME catalysts: Truth gets out of BETA, Trump starts posting mean tweets (Truths) and liberals go bonkers, The merger closes, the SEC clears, DWAC becomes TMTG, Famous people join (like Elon), the subscribers go from 1M to 2M to 10M to 100M+, Shorts get squeezed and have to cover, the Android and Desktop app come available, the 2022 elections are a blowout against the left, TS opens up globally, DURHAM nails complicit FB execs, Trump announces run for President, TMTG starts the media company, TOP talent join the media, TMTG starts pay processor (to compete with gofundcommies), FB and Twitter loose a gazillion customers and their stock crashes more.....OK now what are some MORE CATALYST that yall can think of???
I am assuming that the market price at conversion minus 11.50 and minus what you originally paid for the warrant MIGHT be your tax liability. IF that liability is incurred WHEN you convert then I would highly recommend selling the amount you need to pay the taxes. Otherwise, if the stock drops and LGB comes looking for you, then you will still be still liable for the gain at conversion. My thought - cross that bridge when you get there. And ask an accountant. The main question - is tax due at conversion?
For those still trying to understand SPAC warrants here is the beginning of a 3 part article that explains it thoroughly. Read them all and you will become a warrant expert: https://matthewssouth.com/post-spac-warrant-redemption-features-part-1/#:~:text=Because%20investors%20always%20have%20the,i.e.%2C%20no%20time%20value).
If you are gonna panic like this guy.... PLEASE do not even look at the warrants. PLEASE do your DD. Yes it is like an option. Yes if you don't exercise in 5 years it will expire..... 5 YEARS!!!! Folks it is not that complicated. Warrants are not trading at parity yet. But they will ......... soon. If you are gonna HOLD and not trade....warrants are the best deal right now with DWAC. With ANY investment (stock or warrants) you can loose it all. But I personally am all in with DWACW!
Sometime later this year they should be PARITY. That means DWAC price minus 11.50= DWACW price. But now they are actually loosing parity?!?!?!? For instance on 2/22/22 DWAC hit a high of 99.03 and DWACW was at 32.28. This morning DWAC hit a high of 100.22 and DWACW only hit 26.50. Someone is dumping warrants. It is an ANOMALY. Anomalies don't last long in the market. Just sayin!
Closed at NEW HIGH again today 95.15. It was a roller coaster as low as 92.41 and as high as 101.87. A small gain at close but going in the right direction. When TS opens fully in the next month or so - get ready for rocket launch!
Great SITE. 1st time ever seeing.